Both. Is this a single vCPU VM or multiple (maybe 6 cores?) One quick way to validate the metrics is look at ESXTOP and look at the %RDY value for that VM. This value should be very close to the "readiness" value where VMware is now doing the math for us as of vSphere 6.
VMware KB2002181 give this simpler formula:
CPU ready %
As a shortcut, you can use the following formulas for the default chart update intervals to get the CPU ready %:
- Realtime: CPU summation value / 200
- Past Day: CPU summation value / 3000
- Past Week: CPU summation value / 18000
- Past Month: CPU summation value / 72000
- Past Year: CPU summation value / 864000
Example: A realtime CPU summation value of 1000 is divided by 200 to give a CPU ready % of 5.
So assuming this VM has 6 vCPU, there is one more step...divide the %Ready value by the number of vCPUs. For your multi-core VM, the formula to convert Ready Summation to a % would be (1612/200)/6=1.34